“I’ve come to find you are all the same. Numbers oriented, mostly bitter, engineers.”
I always thought this was Piggington’s strength. People who understood finance, and understood that there was going to be an adjustment. Granted we were all wrong on timing and the “stickyness” of housing prices, but we did see the comming decline in prices as early as 2005 – some earlier.
Although we have re-hashed a lot of the mortgage meltdown “Numbers”, I would still like to see more on the real economy vs. the reported numbers, and more on the upcomming melt down in credit card debt. You know a numbers oriented analysis by some of our bitter engineers.